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FCMB’s “SheVentures” Disburses N5m Interest-Free Loans To SMEs
First City Monument Bank initiative, SheVentures, the unique proposition in support of the Nigerian woman in business has rolled out N5 million in interest-free loans to women-owned…
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Naira Falls To N700/$ At P2P, Stable At Black Market
The value of the naira against the dollar depreciated by 0.14% at the Peer-to-peer (P2P) window to N700 per dollar as against the N699 it traded the previous day.
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NNPC Limited Assets Worth $60bn – Mele Kyari
The Group Chief Executive Officer of the Nigeria National Petroleum Commission Limited, Mele Kyari, says the assets of the company are worth $60 billion.
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AMS-IX Partners Equinix’s MainData To Launch Neutral Internet Exchange Services In Lagos
Amsterdam Internet Exchange has partnered with MainData Nigeria Limited (MDXi) to set up neutral internet exchange services in Lagos.
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Access Bank Awards N30m Grant To 30 NYSC Members
Access Bank Plc says it has empowered 20 corps members via its partnership with the National Youth Service Corps.
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Unlisted Securities Investors Gain N5.68bn
Investors at the NASD Over-the-Counter securities exchange gained N5.68 billion on Tuesday, August 23, buoyed by the trio of Niger Delta Exploration and Production (NDEP), Central…
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FMDQ Admits Nigeria Breweries’ Commercial Paper Worth N100bn
The FMDQ Securities Exchange Limited has admitted Nigerian Breweries Commercial Paper (CP) worth N100bn on its platform.
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Nike, Gucci, Adidas, Others Rake In $260m From NFT Sales In 2022
Leading fashion brands including Nike, Gucci, Dolce & Gabbana, Adidas and Tiffany have so far raked in $260 million worth of sales from trading via Non-fungible token (NFT) in 2022.
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Global Oil Prices Rise Above $100 A Barrel As OPEC+ Restates Output Cut
The global oil benchmark, brent crude oil, rose above $100 on Wednesday after the Organisation of Petroleum Exporting Countries and allies hinted that it could consider cutting output.
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Zenith Bank Gross Earnings Jump To N405bn In H1 2022
Zenith Bank Plc says its gross earnings increased to N405bn in the first half of 2022 from N346 billion in the corresponding year of 2021.
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Bears Dominate Local Market As Investors Lose N426b
Persistent profit-taking in the industrial goods, consumer goods and energy sectors made the stock exchange market record a 1.60% loss.
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Nigeria’s Non-oil Exports Revenue Hits $2.6bn
The Revenue generated from non-oil exports rose to $2.6 billion between January and June 2022.
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Naira Falls To N686/$ At Parallel Market, Sheds 0.09% At I&E Window
The rate of the naira against the dollar fell to N686 at the parallel market on Tuesday as against N684 it traded on Monday.
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35 Female Entrepreneurs Complete Ecobank’s “Ellevate Leadership Training…
Thirty-five women entrepreneurs from nine African countries have graduated from the Ecobank "Ellevate Leadership Training Programme".
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NNPC Limited Posts $1.21B Deficit In Priority Projects Funding In H1 2022
The Nigerian National Petroleum Commission Limited posted a $1.21 billion deficit in funding its priority project between January and June 2022.
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Airlines Not Receiving Dollars For Flight Ticket Payment – FG
The Federal Government has denied reports that some airlines' flight tickets are bought with the dollar, OduNews reports.
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Lekki Deep Seaport To Create 112,000 Jobs
The Federal Government has said that the Lekki deep seaport is expected to create 112,000 jobs for Nigerians.
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Reps Probe NIPC N1.19bn Unapproved Spending
The House of Representatives has begun a probe into the N1.19 billion spent by the Nigeria Investment Promotion Commission (NIPC) without approval.
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Global Oil Prices Fall To $96.48/Barrel As OPEC+ Mulls Output Cut
The global oil benchmark, brent crude oil, fell to $96.48 per barrel after declining by 24 cents or 0.25 per cent.
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Local Stock Market Records 0.05% Loss
The Nigeria Stock Exchange (NGX) Limited recorded a 0.05% loss at the close of trading yesterday as investors continue to sell off their shares.
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